Over half the money raised from the carbon price is being used to assist households.
It is expected that in 2012–13, the carbon price will increase the average weekly grocery shop by an average 40 cents in every $100 spent.
Q. Who is eligible to receive extra assistance for essential medical equipment?
Q. How can I save money by upgrading to an energy efficient pool pump?
Upgrading old pool pumps to a minimum 5-star energy efficient pool pump can save the average pool owner around $300 each year. Energy efficient pool pumps minimise electricity use by adjusting energy levels depending on the function being performed, and are up to 80 per cent more efficient than a standard pump.
How will the carbon price affect average grocery prices?
Since 1 July 2012, you may have noticed a slight increase in the price of some of your everyday grocery items.
For every $100 of groceries you buy, it is expected that only 40 cents is because of the carbon price.
This means that for a family who typically spends about $200 per week on groceries, only 80 cents is expected to be because of the carbon price.
The Australian Government is providing $10.10 a week in assistance for the average household. This is in the form of tax cuts and increases in family payments, pensions and benefits – and the assistance is permanent.
If you notice prices increasing significantly, you should contact the Australian Competition and Consumer Commission (ACCC) to discuss your concerns.
Estimated impacts on the average grocery bill
Dairy and related products
Bread and cereal products
Fruit, vegetable and juice
Meat and seafoods
* Source: The impact of a carbon price on household expenditure as modelled by the Commonwealth Treasury for the Clean Energy Future Package announced on 10 July 2011 by the Australian Government, Treasury. Figures are estimated (average price impacts across all households per week) following introduction of a $23 carbon price in 2012-2013 by Consumer Price Index (CPI) subgroup.